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79 Costello Rd
Newington, CT 06111
Retail Property For Sale
Investment Highlights
- ±28,900 sf gross (including mezzanine)
- 34,000+ vehicles per day
- Direct access to major retail corridor
- High-visibility free-standing building
- Across from new Power Center development (Meadow Commons)
- Excellent traffic flow and customer convenience
Executive Summary
Exceptional free-standing retail opportunity directly off the hightraffic Berlin Turnpike (±34,000 VPD). The building is situated across from a newly constructed Power Center on the former Eversource site, placing it in the heart of one of Connecticut’s most prominent retail corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
28,900 SF
Building Class
B
Year Built
1964
Price
$3,495,000
Price Per SF
$120.93
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
3.60 AC
Zoning
PD
Parking
122 Spaces (4.22 Spaces per 1,000 SF Leased)
Frontage
225’ on Costello
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | NEWI-000032-000019 | Improvements Assessment | $1,160,620 |
| Land Assessment | $396,890 | Total Assessment | $1,557,510 |
Property Taxes
Parcel Number
NEWI-000032-000019
Land Assessment
$396,890
Improvements Assessment
$1,160,620
Total Assessment
$1,557,510
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